INDIA OKs foreign fund buying in Bharat Forge, Divi

Newswire

BOMBAY, April 23 (Reuters) - The Reserve Bank of India said on Saturday foreign funds could buy up to 40 percent of auto parts maker Bharat Forge Ltd. , following approval by the company's board. It also said foreign funds could buy up to 30 percent of drug firm Divi's Laboratories Ltd. , following a board resolution.

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